Congressional budget analysts report that President Obama’s proposed budget will add more than $9.7 trillion to the national debt over the next decade. Proposed tax cuts for the middle class account for nearly a third of that shortfall.
The soaring national debt is projected to be 90 percent of the economy by 2020. The sobering report from the non-partisan Congressional Budget office (CBO) predicts interest payments on the debt will skyrocket by $800 billion over the same period.
The Washington Post has the complete report here.
I’d like a redo.
AZ Republic is not carrying this story because it obviously does not advance their liberal agenda to promote illegal immigration.